Financial Times, 18 November 2010. The government’s fatal mistake was guaranteeing all the banks’ bondholders
Financial Times, 9 April 2010.
Financial Times, 25 April 2007. It is time that Europe’s politicians admitted to voters that governments cannot stop people moving across borders. If open borders are politically unacceptable, Europe should create a legal route for people from developing nations to come and work, regulated through an extra payroll tax on foreign workers.
From September 1st, the shaky prospects for freer world trade will rest on the shoulders of a French socialist. With the World Trade Organisation’s Doha round deadlocked and little time left to reach agreement, the new man in charge of the WTO, Pascal Lamy, faces a daunting challenge. Unless the former European Union trade commissioner [...]
Tony Blair must be thanking his lucky stars. The British prime minister never wanted to fight a referendum campaign on the European Union constitutional treaty that he stood a good chance of losing. Now, thanks to the No votes in France and the Netherlands, it looks like he will be spared the ordeal. When, in [...]
The government must soon decide. It has pledged to deliver its verdict within six months. As judgment day nears, a consensus is forming. Not yet, the Treasury will opine. Naysayers marshal a battery of arguments. The euro economy is floundering. It can only aspire to Britain’s superior monetary and fiscal arrangements. Why jeopardise the UK’s [...]